š $SOPH /USDT ā LOW-VOLUME CONSOLIDATION AFTER EXPLOSIVE WICK! š
$SOPH is slowly grinding upward, trading at $0.05175 (+1.33%), after its volatile spike from $0.03000 to $0.08800.
Since then, price has been consolidating in a tight range, forming a base between $0.049ā$0.053.
The 7MA ($0.05107) is now flattening, suggesting possible accumulation and a potential breakout setup.
Volume remains decent at nearly 98M SOPH traded, indicating consistent interest without hype spikes.
The next move depends on how the price reacts to the $0.0526 micro-resistance ā breakout or rejection?
š Trading Guide (Consolidation Breakout Setup)
⢠Entry Zone: $0.0505 ā $0.0520
⢠Take Profit 1: $0.0560
⢠Take Profit 2: $0.0615
⢠Take Profit 3: $0.0690
⢠Stop Loss: $0.0470
Wait for volume confirmation above $0.0526 before going aggressive.
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